Property sales in Northland at 98 in the month fell on a seasonally adjusted basis in April but remain well below the levels of a year ago. The inventory of unsold houses remains well above the long-term average at 234 weeks of equivalent sales.

Median sales price for property sales in Northland at $292,000 is down 9% as compared to a year ago and continues a declining trend from the prior 2 months. The asking price expectation of new listings though rose in April to $396,548, whilst still 4% down as compared to a year ago.

The level of new listings coming onto the market in April at 405 was down significantly from March and down 28% as compared to a year ago.